Pro Tips

Euro…Canada

Posted on 03/14/2011

Last week we spoke of the 139.80 Euro level showing the least risky sell area with a stop over 140 ish. We’re here. Euro bears that wish to try that trade have 2 time frames today..1st is the IMM opening … Continue reading →

A.M. Look 3/14/11

Posted on 03/14/2011

This A.M. the main features will be the currency futures and grain expiration. The Currencies go off at 9:15 CDT. The U.S. Equity indices could have been worse given Japan’s market last night. Be patient and let it set up. … Continue reading →

Aussie…Euro…Silver

Posted on 03/11/2011

Aussie will put in a daily outside reversal day to the upside with a 4 p.m. NYC cash close over 101.20. The commensurate Euro price is 139.28 Silver held early today @ the 34 area and now with a close … Continue reading →

A.M. Look 3/11/11

Posted on 03/11/2011

Silver…33.965-34.04 is the big downside closing pivot. This is the support area first time down. This is the second test of this level. This is a cheap out in the Silver against this level. You can always re sell your … Continue reading →

GDXJ…Junior Miners..Gold…Silver

Posted on 03/11/2011

37.91…today’s high was 37.82…The chart pattern is negative. A close below 37.91 Friday and this puts in a weekly outside reversal downside chart pattern . The miners in general have been taking a beating the entire time the fear quotient … Continue reading →

Currencies…Euro…Suisse

Posted on 03/10/2011

Some of you legged the roll by lifting your short (H) Euro and Swiss on the IMM opening.. Good Job!… The Euro low was unchanged on the month and a natural pivot level.We will wait to re-sell the Euro either … Continue reading →

A.M. Look 3/10/11

Posted on 03/10/2011

Silver (H) …35.15 is the level we held Friday for this past leg of the rally up. Today the bears would love to see 35.40 ish reject and start lower again during the day session. Dollar Bulls…We’re short the Euro and … Continue reading →

SPU…NASD

Posted on 03/09/2011

The Spu and Nasd just put in some great lows.. Short term intermediate traders should use these for risk management on any attempted longs.

Suisse…USD/CHF

Posted on 03/09/2011

Swiss franc futures are up good this a.m. 108 in the futures App. 92.47 USD/CHF is the key pivotal closing level here. This is the cheapest look for anyone wishing to buy dollars. Long Swiss is a flight to quality … Continue reading →

A.M. Look 3/9/11

Posted on 03/09/2011

Euro looks like it could go as high as 139.80 ish and still be a sell against the 140 level. Silver never back filled enough for me. We were looking for a 35.385 print during the NYC day session. Since … Continue reading →